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Electricity tariff hike swells CPI

Electricity tariff hike swells CPI

VOV.VN - A recent increase in the average retail electricity tariff along with rising world oil prices has allegedly resulted in a 0.49 per cent hike in the country’s consumer price index (CPI) in May.

Stay updated, experts urge Vietnamese businesses

Stay updated, experts urge Vietnamese businesses

A seminar on Vietnam’s economic and financial future, outlining opportunities and challenges in corporate financial management in Vietnam, with insights from experts in the field, was held on October 25 in Hanoi.

More money in circulation could increase inflation rate

More money in circulation could increase inflation rate

It is expected that large amounts of money will be pumped into circulation to obtain the ambitious target of 6.7% GDP growth rate. This has raised the fear that hot growth will bring high inflation back.

Forex market still sees exogenous risks: report

Forex market still sees exogenous risks: report

he foreign exchange market is still vulnerable to latent exogenous risks, especially crisis risks arising from emerging markets, said the Vietnam Institute for Economic and Policy Research (VEPR).

Low CPI increase energises economic growth: official

Low CPI increase energises economic growth: official

The slower pace of consumer price index (CPI) rises is favourable for stable business activities and gross domestic product (GDP) growth in 2015, said General Director of the General Statistics Office (GSO) Nguyen Bich Lam.

HCM City remains upbeat about economic growth

HCM City remains upbeat about economic growth

Ho Chi Minh City saw strong results in total retail sales and service revenues while successfully curbing its inflation rate in the first quarter, figures which are likely to trigger economic growth in the city over the next few months, said the municipal People’s Committee at a late March meeting.

Electricity prices to increase by 7.5% as of March 16

Electricity prices to increase by 7.5% as of March 16

The Ministry of Industry and Trade has issued a new frame of the prices of electricity for family activities to be applied since March 16 in conforming to the recent approval of Prime Minister for the Electricity of Vietnam (EVN) to increase it by 7.5% this year.

VN's economic achievements highlighted at WTO forum

VN's economic achievements highlighted at WTO forum

(VOV) -In a keynote address to the 2014 WTO Public Forum, Ambassador Nguyen Trung Thanh, Vietnam’s permanent representative to the United Nations, encapsulated developments in the country’s movement to a full market economy.

April inflation rises modestly

April inflation rises modestly

(VOV) -Inflationary pressures in 2014 have remained low, reflecting both weak domestic demand and subdued commodity prices, according to economists at the Hong Kong and Shanghai Banking Corporation (HSBC).

Vietnam to cash in on external demand

Vietnam to cash in on external demand

(VOV) -Vietnam continues to benefit from strong international demand, despite soft domestic consumption, according to a recent report released by the Australia-New Zealand Banking Group (ANZ).

Int’l seminar on five-year development plan

Int’l seminar on five-year development plan

(VOV) -Seven out of 15 socio-economic development targets, set for the 2011-2015 period, were not fulfilled as scheduled in 2013, told an international seminar in Hanoi on September 23.

Vietnam growth outlook remains stable

Vietnam growth outlook remains stable

(VOV) -Vietnam could see lower growth rates due to tighter US monetary policy and a slowdown in China's growth, but currency devaluation, robust consumption and government spending will help protect growth rates.

Vietnam manufacturing contracts in May

Vietnam manufacturing contracts in May

(VOV) -Vietnam’s manufacturing sector continued its subdued start to 2013, as May saw outputs, new orders and employment all slip back into contraction following modest gains in the previous two months.